One to Four Family Residential Contract

The One to Four Family Residential Contract is one of the most used real estate contracts in Texas. Many of my clients are often confuses by some of the wording. I decided to take the contract apart and talk about each section. I hope this will help my clients as well as those other agents who are not interested in higher learning. Note: This document is to be used by Licensed Realtors only. It is not permitted to use this contract if you are not represented by a Realtor.

Any information gained form this post should be used at users own risk.  We (Neuhuas Realty Group LLC, or Ed Neuhuas), do not take responsibility for problems arising from the misuse of this information.  Use at your own rick, or better yet, hire a REALTOR.  If you need help constructing the contract but don’t want to hire a Realtor, give us a call, we can write it up for a small fee.  Please note, this copy of the contract is out dated.  For more up to date resources contact site Amin for your agent login.

Paragraph 1: Parties to this contract.

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Paragraph 2 : Property

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Paragraph 3 : Sales Price


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Paragraph 4 : Financing

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Paragraph 5 : Earnest Money

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Paragraph 6 : Title Policy and Survey

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Paragraph 7 : Property Condition

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Paragraph 8 & 9 : Brokers’ Fees and Closing

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Paragraph 10 & 11: Possession & Special Provisions

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Paragraph 12 : Settlement

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Paragraph 13-17 : Details

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Paragraph 18 : Escrow

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Paragraph 19-21 : Representations, Federal Tax, Notices

 

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 Paragraph 22 : Agreement of Parties

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Paragraph 23 & 24 : Termination option and Consult an Attorney

One to Four Family Residential Contract Sec.23

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